The company THR Marea Neagr\u0103 – Tourism, Hotels, Restaurants, which leases several units on the coast, announced revenues of 31 million RON in the first half of 2023, a substantial increase compared to the 3.2 million RON in H1 2022, fueled by the sale of the Venus complex in Eforie Nord and the leasing of new assets.<\/p>\n
Thus, the company transitioned to a net profit of 11.8 million RON, compared to losses of 15 million RON in the first semester of 2022. THR has a market capitalization of 164 million RON. In 2023, the shares have risen by 40% on transactions worth 1.4 million RON.<\/p>\n
The main shareholder of THR is Transilvania Investments Alliance, formerly SIF Transilvania. In the spring of 2022, THR sold the Venus complex for 20 million RON.<\/p>\n
Given the new business activity conducted in H1 2023, namely asset leasing, the company generates revenue throughout the year, with lease contracts featuring installments starting from May 15 and the final installment due on October 31, 2023.<\/p>\n
Within the total revenues for H1 2023, the turnover, determined by property leasing, totals 10.6 million RON, representing a 236% increase compared to H1 2022, the company mentions.<\/p>\n
What driven the financial turnaround for THR Marea Neagr\u0103 in 2023?<\/strong><\/p>\n The shift to profitability was primarily driven by the sale of the Venus complex in Eforie Nord for 20 million RON and a strategic transition to a year-round asset leasing model.<\/p>\n How much did the company’s leasing revenue grow?<\/strong><\/p>\n Turnover from property leasing reached 10.6 million RON in the first half of 2023, marking a 236% increase compared to the same period in 2022.<\/p>\n Who is the majority shareholder of THR Marea Neagr\u0103?<\/strong><\/p>\n The company is majority-owned by Transilvania Investments Alliance, the entity formerly known as SIF Transilvania.<\/p>\n","protected":false},"excerpt":{"rendered":" The company THR Marea Neagr\u0103 – Tourism, Hotels, Restaurants, which leases several units on the coast, announced revenues of 31 million RON in the first half of 2023, a substantial increase compared to the 3.2 million RON in H1 2022, fueled by the sale of the Venus complex in Eforie Nord and the leasing of…<\/p>\n","protected":false},"author":0,"featured_media":92058,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2852],"tags":[3070,3368,287,3581],"thb-sponsors":[],"class_list":["post-115892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hotels-restaurants","tag-hotels","tag-restaurant-en-2","tag-sif-transilvania","tag-tourism"],"article_style_override":"on","post-style":"style2","post_via":"","post-top-image":"https:\/\/rhn.ro\/wp-content\/uploads\/2019\/11\/hotelieri-2.jpg","_links":{"self":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/115892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/comments?post=115892"}],"version-history":[{"count":0,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/posts\/115892\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media\/92058"}],"wp:attachment":[{"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/media?parent=115892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/categories?post=115892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/tags?post=115892"},{"taxonomy":"thb-sponsors","embeddable":true,"href":"https:\/\/rhn.ro\/en\/wp-json\/wp\/v2\/thb-sponsors?post=115892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}